The rating assignment is based on a number of factors, including DUHS’ status as a leading and nationally prominent academic medical center, strong balance sheet ratios and relationship with Durham, N.C.-based Duke University.
The outlook is stable, reflecting Moody’s Investors Service’s expectation that although DUHS might not sustain operating margins above expectation in fiscal years 2015 and 2016, it will continue to generate sound margins over time.
More articles on healthcare finance:
19 recent payer, provider contract disputes, renewals
Services to continue at bankrupt Pioneer hospital
Cerner adds RCM leader , ZirMed taps Elavon & more — 10 RCM keynotes
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.